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What is a Junior ISA?

A Junior ISA (JISA) is a long-term, tax-free savings account that lets you save and invest on behalf of a child under the age of 18.

Open a JISA
Transfer a JISA

How much can I save tax-free?

The savings limit for a Junior ISA is £9,000 for the 2022/23 tax year.

How does it work?

A child’s parent or guardians with parental responsibility must open the Junior ISA account on their behalf but anyone can pay money into the Junior ISA account once it has been opened. Once a child reaches 16, you can transfer ownership of the Junior ISA to them, but they’ll be unable to access the account until they’re 18.

What are the benefits of a JISA?

Once a JISA has been open, anyone can pay money into the JISA on behalf of the child. That means family and friends will never be lost for a birthday or Christmas present idea!

Anything else I need to know?

Money in a Junior ISA belongs to the child and can’t be withdrawn from the account until they’re 18 at which point it automatically converts into an ISA. Your child can have 1 cash Junior ISA and 1 Investment (or stocks and shares) Junior ISA, as long as money saved into the two accounts within the tax year doesn’t exceed the £9,000 allowance. You can transfer a Child Trust Fund into a Junior ISA.


How we support you

Although we aim to make everything about saving and investing easy, there might be times when you need a bit more information or have a question about your account. Whatever you need, we’re here to support you.

Frequently asked questions

If you’ve got a general question, you might be able to find it easier and quicker by having a look at our frequently asked questions. We are constantly adding to this resource so it’s a great place to start.

In App

If you’ve downloaded our app, you can easily access our frequently asked questions or get hold of the team by sending an in-app message with or without attachments.

Email

If you prefer, you can email us at help@cushon.co.uk. and one of the team will get back to you.

Telephone

If you prefer to speak to someone no problem, give us a call on 020 3926 0333 and one of the team will be ready to help you. Our operating hours are 9am to 5pm.